The Biggest Ponzi Scheme on the Planet-The U.S. Government
"American Economic Exceptionalism Explained"                     USAPonzi                                      by John W. White   Mar 29, 2013

White House Fake News: American Economy is Booming 180725
July 25, 2018
Emailed to WSJ/NYT/WP/DMN, the US SEC, Congressman Pete Sessions, Congressman Sam Johnson, Senator John Cornyn, and Senator Ted Cruz on 7/23/18


The following is an Op-Ed to “The Wall Street Journal”, “The New York Times”, “The Washington Post”, and “The Dallas Morning News” that explains why “The American Economy is Booming”. The American Economy is Booming because the U.S. Government is corrupt!


The “news media” has an ethical responsibility to inform the general public of how the U.S. Government is committing fiscal and accounting fraud to cheat the general public and the rest of the planet so they can “feather their own nests” and “colossally feather the nests of their upper-class friends”! The U.S. Government is not using proper accrual accounting!


The “news media” is aiding and abetting the corrupt and criminal U.S. Government by refusing to report this fiscal and accounting fraud!


White House Fake News: American Economy is Booming 180725

July 25, 2018


Jobs, Jobs, Jobs: The American Economy Is Booming
July 6, 2018
https://www.whitehouse.gov/briefings-statements/jobs-jobs-jobs-american-economy-booming/


The whitehouse.gov website sent out the above press briefing on July 6, 2018.


The U.S. Government, in this case the White House, is sending out fake news! This press briefing should say that the American Economy APPEARS TO BE booming!


The American economy appears to be booming because the U.S. Government is “Cooking the Books”! The U.S. Government is committing fiscal and accounting fraud to print $114.1 Trillion of imaginary-counterfeit money to juice the economy!


The U.S. Government is corrupt!


The U.S. Government is borrowing money, $114.1 Trillion as of July 25, 2018, from the future Americans, money that the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


Then, the White House has the unmitigated gall to put out this fake news that The American Economy is Booming!


The U.S. Government has been printing counterfeit money since FY1969 to make the United States of America appear to be the most prosperous and wealthy country on the planet!


The U.S. Government is corrupt because it is operating its fiscal policy with Cash Accounting rather than the proper GAAP Accounting!


The U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, to make the American economy look like it is booming!


The  corrupt and criminal U.S. Government is promising future benefits to the U.S. general public but is not properly taxing the U.S. upper class to pay for these promises! The upper class gets rich and the middle and lower classes get screwed! The U.S. Government is not using proper accrual accounting!


The U.S. Government is using accounting fraud to enrich the “rich and powerful” and cheat the hell out of the “poor and downtrodden”!


So much for the claims of equal opportunity for all in the United States of America!


And then the White House puts out the above press briefing to declare that The American Economy is Booming!


The American Economy is Booming because the U.S. Government is corrupt!


The U.S. Government is corrupt!


The senior officials of the U.S. Government are common criminals that have committed a $114.1 Trillion criminal act by not operating the U.S. Government fiscal policy with proper accrual accounting! The senior officials of the U.S. Government are common criminals because they are direct financial beneficiaries of this massive fraud! The corrupt and criminal U.S. Government is overpaying itself with imaginary-counterfeit money!


We have 535 criminals in the U.S. Congress and an untold number of criminals in the White House!


I have sent 14 whistleblower letters to the U.S. Securities and Exchange Commission, a whistleblower letter to every member of the U.S. Congress, and 9 whistleblower letters to each member of the U.S. Supreme Court so that all three branches of the U.S. Government would be informed of this massive fraud!


I have also sent over 200 Op-Eds to the “main-stream-media” in an attempt to expose this massive fraud to the citizens of Planet Earth! None of these Op-Ed candidates have been published!


This massive fraud is explained in more detail in my Open Letter to Planet Earth and my Open Letter to US General Public!


I have presented specific fraud charges against the U.S. Government in my Op-Ed Fraud Charges against U.S. Government commentary!


To eliminate this massive fraud, the U.S. Government must adopt GAAP Accounting and commit to a balanced GAAP basis budget. GAAP Accounting (Generally Accepted Accounting Principles) is the commonly used name in America for the accounting guidelines for accrual accounting.

 

National Debt   $21.2 Trillion  
Cash Deficit in FY2018   $0.79 Trillion  
GAAP Deficit in FY2018   $6.03 Trillion  
US Unfunded Future Liabilities   $92.9 Trillion  
US Unfunded Liabilities (GAAP)   $114.1 Trillion  
Imaginary-Counterfeit Money   $114.1 Trillion  
Total National Assets   $137.6 Trillion  

Source: www.usdebtclock.org Jul 25, 2018


This fraud/Ponzi scheme (USAPonzi) is explained in much more detail on my websites www.usaponzi.net and www.usaponzi.com and in my books “USAPonzi” 11/22/15, “USAPonzi2” 5/1/17, and “USAPonzi3” 2/1/18! Each of these books have updates that I made every few days until the next book was published. I have published over 625 commentaries since March 29, 2013 in an attempt to expose this U.S. Government fraud!


This is the biggest ($114.1 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Ultimate Government Fraud” and “The Biggest Ponzi Scheme on the Planet”.


John W. White
Plano, TX